Chapter 112: Shopping Spree (Part II)

J.H, rip the digital music platform from SKT!

Since coming to this conclusion under the guidance of the professor, Park Hongjian has been a little unacceptable, and he can't understand how Ahn Joon-hyuk will use to snatch this money-making machine, which reached a profit of 170 billion won last year alone and is expected to rise by 32% again this year.

Because there are many factors involved, each of which represents a possibility, but no matter which possibility, there must be the same two premises - J.H has enough money, and SKT is willing to let go!

Ahn Joon-hyuk single-handedly planned the quagmire of litigation warfare that would tie SKT's hands and almost completely lose its advantage in external resources, which may be able to show his genius, but it is also difficult for a good woman to cook without rice, and if the above problems are not solved, everything is the same talk.

But for his question, the professor can't answer it, the professor stands on the sidelines like him, and he can see the purpose of Ahn Junhyuk's quagmire plan, or rely on the profound theoretical knowledge cultivated by paying attention to the economy for many years.

"I'm also curious about this, if you want to know more about Lu Dao, then pay more attention to J.H!"

When saying goodbye to each other, the professor smiled and gave him advice, and then kindly reminded him: "As for my next analysis of the 'quagmire effect', don't send it out recently, we can guess that it's one thing, and it's another thing to hype it. After the announcement of the corresponding plan, you can moderate a column using the 'quagmire effect' as a framework......"

This admonition is naturally understood by Park Hongji. The gratitude in his heart was no longer mentioned, and the next day, he mobilized his contacts in the journalist circle to help follow J.H's movements.

But the next time, the development of events was quite "calm".

J.H didn't make any out-of-the-ordinary moves, and still revolved around several lawsuits, and SKT, SidusHQ, CJ. In just half a month, the Seoul District Court, which has received more than 20 lawsuits in a row, has a rare problem of delaying efficiency. Several companies are fighting against each other. Judges and prosecutors were almost graying their hair, and meetings within the court were held every day, and the parties were arguing about which case to take.

The Ministry of Commerce, Industry and Energy, the Ministry of Information and Communications, the Communications Commission, the Fair Trade Commission, and even the Securities Regulatory Commission are also troubled.

J.H, SidusHQ, SKT and other companies submit the corresponding materials and documents. The media was notified. began to spit on each other on various platforms. The noise was excited, and the fight was hearty, but it really exhausted these regulators. Monopoly, illegal profit-making, market manipulation, malicious competition...... The words are more and more troublesome, and no matter what kind of acceptance is accepted, it must be carefully checked, but often before they can verify the information they provide, new charges emerge one after another, and it is simply impossible to kill them.

A JS war that wrenched the whole of South Korea to the fullest.

In such a noisy environment, the high-profile and restrained J.H. seems to be bent on fighting the war of attrition against SKT, and since suing SKT for violating the amendment on June 7, he has launched a judicial offensive from a number of SKT-covered areas.

SKT may be too big, like a giant with terrifying power but lack of flexibility, surrounded by the little man J.H., who behaves more and more anxiously as time progresses.

Because J.H's ability to find weaknesses is so vicious, every lawsuit hits its soft underbelly and captures the problems left over from its expansion.

As J.H is exposed more and more, the direction of public opinion is getting more and more out of control, and the chaebol economy has left an indelible pain to the Korean people in 97, which also makes it during the last two administrations, the people generally have a distrustful attitude towards the chaebol, and some problems have not surfaced before, and the complaints are also private, but with the revelation of J.H, many bad debts of SKT have to be exposed.

Later, SKT's judicial weapons became more and more powerless, and they had to focus more on self-help.

This is because, after more than half a month of litigation battles, some investors finally could not withstand the pressure of public opinion and began to sell SKT stocks, including June 22, the Securities Regulatory Commission after 20 days of consultations, finally responded to the outside world to prepare for the investigation of the case of SidusHQ President Zheng Xuntuo using artist accounts for illegal profits, once the news came out, investors' panic could no longer be contained, "Zheng Xuntuo has been arrested", "SidusHQ will be ordered to rectify, may be forced to delist" The rumors were rampant, and the stock of I Society fell on the same day, and SKT stock was implicated, following the anti-monopoly case, it fell by 8 percentage points.

And once the decline starts, it is like opening a hole in a bucket full of water, and the loss cannot be stopped!

……

"It's unbelievable that in the first round of the lawsuit, J.H actually won!"

"The JS war is beginning to see, SidusHQ may be the first victim of the first round, the Securities Regulatory Commission said that it has sent an investigation team, but the committee also said that this is a normal process to accept the investigation, and the public does not need to believe the rumors in the market and panic until the results are out......"

"SKT lost in the first round, and the little man defeated the giant with a judicial weapon!"

The headlines were full of surprise, showing the media's shock at the result.

Only Park Hong gradually realized that this is the quagmire effect, J.H's litigation quagmire, creating a fair environment for it, but creating a most unfair situation for the chaebol enterprise SKT, this unfairness is not only reflected in the administrative level, but also implicates many other factors, among which the subtle influence of public opinion is the most influential.

But he also knew that things had developed so far, and SKT might have begun to be alert.

As long as it is not confused, through this stock price crash, SKT will most likely find itself in a lawsuit battle with J.H, a private company, how uneconomical it is. In order for J.H. to break his bones, SKT had to invest a huge amount of public relations effort and even be prepared for a long war. Only by completely suppressing J.H judicially and convicting him of a series of crimes can it cause huge losses.

SKT is different, it is a public company, and the slightest unfavorable factor will affect its stock price fluctuations, and every percentage point of loss is enough to make people's hearts drip pain.

Sure enough, the truth was as he guessed.

When many media outlets were excited about the Securities Regulatory Commission's acceptance of Zheng Xuntuo's case of illegal profit-making, they were excited to prepare as usual. Wait for SKT to make a brazen move. As he continued to fight J.H. for 300 rounds, the giant suddenly died down and took all his minions back.

……

……

It's been a week and SKT is still silent. J.H. didn't make another move. The JS war has cooled down sharply. A person familiar with the matter broke the news that the two sides seem to be preparing to shake hands and make peace. ”

In the summer, the weather becomes violent again. Another mudslide and landslide accident occurred in Gangwon Province, and Park Hong-chu, who had just returned to Seoul after a few days of front-line interviews, casually closed the newspaper and smiled.

Bullshit insiders, if there are insiders, they will also give priority to the Central Daily to break the news with him, instead of this junk newspaper, and as for shaking hands and making peace, it is even more nonsense.

It's not a month ago now, Ahn Jun-hyuk has been planning the quagmire for so long, and SKT has suffered so much loss, if there is no winner or loser, it is strange that the two families can reconcile.

SKT's silence is understandable, it is probably adjusting its response strategy in the face of J.H while dispatching funds to protect the disk, but what about J.H's silence?

It's been more than half a month, and he still doesn't have a clue about J.H's next plan, and he asked some peers to help keep an eye on the matter, not long after it was implemented, it was discovered that a friend who had worked in Hong Kong and boasted of passing on the essence of the paparazzi, about a week ago when he was tracking An Junhyuk, the car parked on the side of the road was directly hit by two SUVs and deformed, and he himself was invited to Chinatown for a cup of tea after returning home that night.

Although the other party didn't do anything to him, but also paid him the money to repair the car, but since then, he has almost been frightened, and he doesn't know what Lu Dao saw in Chinatown.

Other people who accepted Park Hongji's request, if there was anyone who followed, more or less encountered similar things, and after a few times, Park Hongjian didn't dare to do these small actions again.

J.H…… Ahn Joon-hyuk......

Remembering that at the beginning of the JS war, there was a revelation on the Internet about Ahn Joon-hyuk's underworld background promoted by the behind-the-scenes water army, Park Hongji didn't believe it before, but now he ......

But this kind of thing is not a big deal, the other party didn't bother him, so he just pretended not to know the way, but about J.H's next move, it was still like a cat hiding in his heart, constantly scratching.

Throw away the newspaper and click on a record label's web page.

Ever since he learned from his professor that J.H was targeting a digital music platform represented by Melon, he has been interested in the recording industry. Speaking of which, at the beginning of the JS war, the happiest thing is probably the record industry, Melon's monthly subscription service of the price war has greatly compressed the income of record companies and brokerage companies in the mobile music market, but because the operators have mastered the channels, and there are SP service providers to control the intermediate links, coupled with the lack of a unified organization to manage the music copyrights of various companies in China, many record companies dare not speak out - Melon's domineering is not only reflected in the monopoly of sales.

J.H did what they didn't dare to do, but unfortunately J.H soon spread the war to other places, making many record and agency companies happy.

The webpage that Park Honggradually opened,It's the official website of KAPP,This company is an alliance of 83 records、Agency,Originally in response to Melon's monopoly,Unfortunately, SKT shot earlier than them,Quickly acquired YMB Seoul Records,Collapse the alliance from within,Although SM and others took the lead in establishing MNM later,But without YMB,Neowizbugs withdrew from the alliance,Lost the two companies with the strongest record distribution power,The so-called MNM,Almost equal to nothing。

Thinking wildly in his head, the KAPP webpage could not be opened, Park Hong gradually frowned, refreshed it a few times, and after reaching the most, the webpage simply collapsed.

"What's the matter, KAPP is so poor that he doesn't even have the money to rent a server?" muttered to himself with some chagrin, Park Hong gradually bothered to pay attention to it anymore and went to visit MNM instead, but the next moment, his eyes widened in surprise.

MNM simply indicates that the domain name does not exist.

He thought it was his DNS problem, but when he modified the DNS and tried several methods, but he still couldn't log in, a certain inexplicable feeling began to impact his mind.

The next moment, Park Hong went crazy, rummaging through boxes and cabinets to find the list of KAPP and MNM alliance members, logging in one website after another, some could be opened, some couldn't.

One, two, three......

Gradually, a truth that excites him and makes him tremble is quietly revealed.

When all the lists were checked, Park Hong gradually lit a cigarette with a little trembling in one hand, stared at the screen for a long time, and his bloodshot eyes were overtired, still staring at the screen-

The disappearance of KAPP and MNM was not an accident, but a ...... These two alliances have collapsed!

After smoking a cigarette for a while, and finally calming down, Park Hong gradually moved his fingers, as if moving the heaviest object, and clicked on the official website of J.H. Company saved in his favorites.

Then, he froze there!

On the simple page of J.H.'s official website, the familiar line of "J.H. studio" is missing, replaced by "J.H. Entertainment", and it has an additional navigation bar on it, and the name of a sub-site hangs lonely but extremely conspicuously.

J.H.Music(To be continued......)